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20120926
20121004
Search Results 0 to 8 of about 9 (some duplicates have been removed)
on the economy. overall, auto sales were up 13% last month from a yearefore. among the u.s. automakers, ford sales were unchanged, g.m.'s were up 1.5%, chrysler reported a 12% increase. there hasn't been enough good news like that on the economy. the recovery, of course, is painfully slow and one of the biggest reasons is the recession in europe. the 27 countries of the european union add up to the world's- largest economy, but they're reportrecordnemployment. in spain, unemployment among young people is 50%. mark phillips went to barcelona to see what happens when an economy goes into freefall. >> reporter: spain can be a deceptive place. in the early autumn sunshine and in the markets groaning with foodstuffs it's difficult to tell this is a country with a collapsing economy and unemployment rate of 25% that threatens to take the rest of europe and maybe even the united states economy down with it. but wait until they close up at barcelona's boqueria market and follow the porters out back to where they dump the trash and you get a different impression. in spain these days, one person's gar
are concerned that a tax increase of that size could shock the economy and trigger a recession by reducing the cash that taxpayers have to spend. but scott, congress and the president now have a firm price tag on what it costs if they don't reach a budget deal after the election. >> pelley: wyatt, thank you, the u.s. economy is also being hurt by what's happening far beyond washington, all the way across the atlantic. senior business correspondent anthony mason has more on that. >> reporter: in spain this weekend, police clashed with protesters angry over austerity measures the government's been forced to implement. a quarter of the work force in spain can't find jobs and the unemployment rate in the 17-nation euro zone has now hit a record high-- 11.4%. for three straight quarters, the european economy has been shrinking and federal reserve chairman ben bernanke said today america is feeling the impact. >> it has been a problem for the u.s. economy. we have seen head winds coming from slowing trade. >> reporter: if you combine imports and exports, the european union is our biggest trading
's driving voters. >> i think the economy is better today than it was three years ago. >> pelley: reports from our campaign 2012 team. after one of the worst calls in football history, there is movement today on getting real officials back on the field. jeff glor is covering. and michelle miller on a bittersweet homecoming for the indiana national guard, happy to be back from afghanistan, but mourning the men that they lost. >> i would gladly give my life to bring all four of them back. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. 41 days before the election, president obama is opening leads in states that mitt romney can least afford to lose. have a look at our new poll today. the president now has a 10-point lead in the swing state of ohio, 53% to 43. in florida, another key swing state, mr. obama's lead is nine points, 53% to 44. and the president leads by 12 point in pennsylvania, 54 to 42. this quinnipiac university/cbs news/"new york times" polls has a margin of roar of three points so the leads are significant. our cbs news
, a shortage of water is keeping not just crops but the entire economy gov growing. ice government cuts its economic growth estimates. erthony mason looks at the drought and other threats to jobs. israel's prime minister shows how close he believes iran is to a nuclear bomb. how close is it? david martin looks into that. mark phillips on a controversy ealthe art world. she has that mystic smile, but ?s this a real mopa lisa? who says crime doesn't pay? jim axelrod on an auction of memorabilia from america's most notorious criminals. >> reporter: this was in clyde's waistband? captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. it turns out the economy is growing even more slowly than we thought. the government told us that u.s. growth in the second quarter was an anemic 1.7%, but today, the commerce department put out a new estimate showing us it was even less than that, just 1.3%. and this is what caught our attention in the report-- the government said half of the downward revision can be blamed on the drought. it's destroying crops, incl
>> pelley: tonight, signs of a new direction in the economy. we have new information on consumer confidence and real consumer confidence and real estate prices today. anthony mason on what all this means for jobs. jan crawford and nancy cordes with the president at the romney in ohio promoting free trade. jeff glor on the call that every football fan is talking about. >> it was awful. that's all i'm going to say about it. >> pelley: and these images helped change america. >> how could you not ask the question "what ever happened to that kid?" >> pelley: seth doane with the man who uncovered the stories behind the faces. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. six weeks before an election that may turn on the state of the economy, a new survey out today finds that americans are feeling better about things. consumer confidence is at its highest level in seven months, largely because more americans expect the jobs picture to improve. but confidence is still at what's considered a weak level. home values are increasing. a
the economy is still going to have a lot of bearing on it. overall, though, what i think is going to matter most to people is who do they think is going to be a strong and effective advocate on behalf of their hopes and their dreams? >> pelley: you could get asked any question under the sun at the debates. how do you prepare for that? >> well, the nice thing about having been president is i've been dealing with just about every issue for the last four years. so a lot of preparation for me is just trying to get back into game shape, as they say. hopefully what i'm going to be able to do is just present my case as effectively as i can. but governor romney has shown himself to be a very good debater and we take it very seriously. >> pelley: do you think the debates are make or break for you? >> i think they could decide the election for either one of us. look, we're basically in a tie, the president and i are. he's been president for four years, has outspent me massively in this campaign and yet he's still at a tie. and so the debates could well decide it one way or the other, i don't know. th
questions for romney. >> i think romney will turn the economy around but it's the other issues that we don't know about. >> reporter: like what? >> like the medicare, health care issues. >> reporter: in haymarket, virginia, life-long republican dan stapleton echoes fears about the romney/ryan ticket. >> i think they want to change ot so dramatically that we won't recognize it quite as medicare once they're done. >> reporter: by balancing the ticket with ryan, an advocate of major changes to entitlement programs, romney has prompted haestions on what he would do about medicare. ro now mitt romney's attacking the president on medicare? >> reporter: and he's also opened the door to an avalanche of democratic attack ads. >> analysts say it could raise seniors' costs up to $6,400 a year. >> reporter: today a spokesperson for the romney campaign called these latest medicare issues "er" because his plan was not adequately explained in the questions. sut, scott, the responses are relevant to romney's hopes. >> pelley: dean, thanks very much. both candidates have had their plans distorted in a torr
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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